Re Beebe's numbers: Oops | Arkansas Blog

Wednesday, March 25, 2009

Re Beebe's numbers: Oops

Posted By on Wed, Mar 25, 2009 at 1:41 PM

There was more to the dismal economic news at Joint Budget today than a reworking of general revenue forecasts.

Roby Brock at Talk Business details a bigger story -- what now looks like a big exaggeration of the amount expected to be produced by the tobacco tax increase. The new federal tobacco tax is being blamed. But there are questions aplenty: Where will money come from to pay for promised health programs? What other programs might suffer to make up the shortfall? Has the administration been shooting straight all along on budget numbers?

Beebe's stock could take at least a small hit from today's developments.

From the ArkTimes store


Comments (4)

Showing 1-4 of 4

Add a comment

Subscribe to this thread:
Showing 1-4 of 4

Add a comment

More by Max Brantley

Readers also liked…

  • In Little Rock, Marco Rubio sells American exceptionalism

    This is Rubio's axiomatic answer to Donald Trump's insistence that he and he alone will Make America Great Again: America is the greatest, always has been.
    • Feb 22, 2016
  • Auditor Lea caught not telling the truth

    State Auditor Andrea Lea, who began her tenure in statewide office with a degree of competence unseen in some other Republican counterparts (think Treasurer Dennis Milligan particularly), is becoming more deeply mired in a political scandal.
    • Mar 4, 2016
  • Another Republican miracle-working governor

    Great piece in Washington Post on the budget crisis in Louisiana. Big tax cuts and corporate welfare will do that to a state, particularly to a state whose previous governor, Republican Bobby Jindal, refused to join the Obamacare-funded Medicaid expansion. There's a lesson there for Arkansas.
    • Mar 4, 2016

Most Viewed

Most Recent Comments



© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation